📌 At a Glance
Namo eWaste Management Ltd (NAMOEWASTE) has reported a clean sweep for FY25 with:
- Revenue up 50% YoY to ₹151.18 Cr
- PAT up 25% to ₹8.46 Cr
- EBITDA at ₹14.76 Cr (29% YoY jump)
- Massive capacity expansion from 30,500 MTPA to 68,000 MTPA underway
They’re building two major plants — a lithium-ion battery recycling unit in Nashik (12,240 MTPA) and an e-waste mega plant in Hyderabad (25,000 MTPA) — set to launch by FY26. And with India mandating 60% recycling compliance in FY25, increasing to 70% in FY26, Namo isn’t riding a wave — it’s building the ocean.
But then comes today’s news…
📉 Stock crashed 11.68% to ₹154.20 — its worst single-day fall since listing.
🧼 About the Company
- Name: Namo eWaste Management Ltd
- CIN: L31102RJ2009PLC030434
- Listed On: NSE Emerge (September 2024)
- HQ: Jaipur + upcoming units in Nashik & Hyderabad
- Core Business: Recovery of precious metals from e-waste, sustainable waste management
- Specialties: Zero-waste tech, women-led workforce, B2B collection networks
- IPO Sentiment: Average post-listing price: ₹187
🧑💼 Management Commentary
Akshay Jain, MD, summed it up:
“FY25 was a landmark year… We scaled capacity, locked in